Blanket Fidelity Bond
Blanket Fidelity Bond definition :
SEC-required insurance coverage that brokeragefirms are required to have in order to cover fraudulent trading by employees.
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Blanket fidelity bond
SEC-required insurance coverage that brokerage firms are required to have in order to cover fraudulent trading by employees. ...
Blanket fidelity bond: Insurance brokerage firms are required to carry to protect customers from the dishonesty or carelessness of brokerage employees and officers. Covers loss of money or securities, forgery, and fraudulent trading.
blanket fidelity bond
insurance coverage against losses due to employee dishonesty. Brokerage firms are required to carry such protection in proportion to their net capital as defined by the Securities and Exchange Commission.
See: Blanket fidelity bond
Field warehouse
Warehouse rented by a company on another firm's premises.
See: Blanket fidelity bond
Fiduciary
One who must act for the benefit of another party.
Field warehouse ...
Also known as a blanket fidelity bond.
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Fidelity bond
See: Blanket fidelity bond
Fiduciary
One who must act for the benefit of another party.
Bankers' Blanket Bond Insurance
A form of insurance taken out by a fund manager against losses incurred from the negligence or fraudulent activity of an employee. Also called a Blanket Fidelity Bond.
Blanket certification form See: NASD form FR-1 Blanket fidelity bond SEC-required insurance coverage that brokerage firms are required to have in order to cover fraudulent trading by employees.
 See also: Fidelity bond, Indenture, Funding, Investment grade, Holding company
  
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